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SPACEHAB, INC. AWARDED A SIX-YEAR CONTRACT TO SUPPORT LOCKHEED MARTIN ATLAS PROGRAM
Expansion of Facilities to Begin at Astrotech Space Operations

Washington, DC, November 2, 1999 — SPACEHAB, Inc. (Nasdaq: SPAB) announced today that its wholly-owned subsidiary, Astrotech Space Operations, Inc., has been awarded a 6-year contract extension for payload processing services by International Launch Services through its Atlas contracting entity Lockheed Martin Commercial Launch Services.

This contract defines support of satellite launches aboard the Lockheed Martin Atlas family of launch vehicles from Cape Canaveral Air Station, Florida and Vandenberg AFB, California. Astrotech has supported the commercial Atlas program since 1989. This award extends Astrotech's support of Lockheed Martin through the end of 2005, with contract options through 2010.

Under the terms of the contract, SPACEHAB will enlarge the existing Astrotech facilities located in Titusville, Florida with the addition of a new satellite preparation facility sized to support the Atlas V, Lockheed Martin's entrant in the Air Force Evolved Expendable Launch Vehicle (EELV) Program.

The Atlas V will be used to launch satellites for government and commercial customers. Satellite manufacturers use the Astrotech facility to conduct the final assembly and testing of a satellite, accomplishing those activities that cannot be completed at the factory prior to shipment to the launch site.

David A. Rossi, President of SPACEHAB, Inc., is pleased to offer expanding services and facilities to this major client. "The combination of the existing Astrotech facilities and the new facility will enable Astrotech to support the full range of satellite sizes planned for launch aboard the Atlas V family of launch vehicles," said Rossi.

SPACEHAB, with its Johnson Engineering and Astrotech subsidiaries, is the world's leading provider of commercial payload processing services for manned and unmanned payloads. SPACEHAB is the first company to commercially develop, own and operate habitable modules that provide laboratory facilities and logistics re-supply aboard NASA's Space Shuttles. The Company also supports NASA astronaut training at the Johnson Space Center.